Period
to 23 March 2019

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 23 March 2019 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Market Risk
England > London
6 months to
23 Mar 2019
Same period 2018 Same period 2017
Rank 488 424 339
Rank change year-on-year -64 -85 -39
Contract jobs citing Market Risk 122 229 273
As % of all contract IT jobs advertised in London 0.28% 0.49% 0.68%
As % of the Miscellaneous category 0.77% 1.30% 1.87%
Number of daily rates quoted 92 174 221
London median daily rate £650 £635 £600
Median daily rate % change year-on-year +2.36% +5.83% -
10th Percentile £451 £415 £438
90th Percentile £786 £850 £913
England median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Market Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 15,851 17,585 14,593
As % of all contract IT jobs advertised in London 36.84% 37.41% 36.22%
Number of daily rates quoted 11,310 12,667 10,174
London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +2.15%
10th Percentile £324 £313 £300
90th Percentile £700 £688 £669
England median daily rate £475 £465 £440
% change year-on-year +2.15% +5.68% +3.53%
Number of hourly rates quoted 249 296 252
London median hourly rate £23.50 £22.50 £24.21
Median hourly rate % change year-on-year +4.44% -7.04% +21.03%
10th Percentile £13.20 £12.41 £12.75
90th Percentile £50.06 £48.38 £51.25
England median hourly rate £20.25 £21.90 £20.00
% change year-on-year -7.56% +9.50% -3.03%

Market Risk
Job Vacancy Trend in London

Job postings citing Market Risk as a percentage of all IT jobs advertised in London.

Job vacancy trend for Market Risk in London

Market Risk
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Market Risk in London.

Contractor daily rate trend for Market Risk in London

Market Risk
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Market Risk in London over the 6 months to 23 March 2019.

Contractor daily rate histogram for Market Risk in London

Market Risk
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Market Risk in London.

Contractor hourly rate trend for Market Risk in London

Market Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the London region over the 6 months to 23 March 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -35 13 £575 -5.15%
Market Risk
England

For the 6 months to 23 March 2019, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for Market Risk.

1 67 (54.92%) Finance
2 58 (47.54%) Banking
3 48 (39.34%) Java
4 44 (36.07%) Front Office
5 41 (33.61%) Credit Risk
6 37 (30.33%) Risk Management
7 33 (27.05%) Stress Testing
8 31 (25.41%) Apache Spark
9 30 (24.59%) Investment Banking
10 26 (21.31%) Big Data
10 26 (21.31%) Scala
11 25 (20.49%) C#
11 25 (20.49%) SQL
12 22 (18.03%) Derivative
13 21 (17.21%) SQL Server
14 19 (15.57%) .NET
14 19 (15.57%) Foreign Exchange (FX)
15 18 (14.75%) Agile Software Development
16 17 (13.93%) Oracle
16 17 (13.93%) Apache
16 17 (13.93%) Hadoop
16 17 (13.93%) Mathematics
17 16 (13.11%) Python
17 16 (13.11%) Data Modelling
17 16 (13.11%) VBA
18 15 (12.30%) Software Engineering
18 15 (12.30%) Analytics
18 15 (12.30%) Docker
18 15 (12.30%) Kubernetes
19 14 (11.48%) Use Case

Market Risk
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 31 (25.41%) Apache Spark
2 17 (13.93%) Apache
3 12 (9.84%) Oracle Coherence
4 5 (4.10%) Oracle SOA Suite
5 3 (2.46%) DataSynapse
6 2 (1.64%) Confluence
7 1 (0.82%) SAS
Applications
1 9 (7.38%) Microsoft Excel
2 1 (0.82%) Microsoft Office
Business Applications
1 1 (0.82%) Cognos TM1
Cloud Services
1 12 (9.84%) Amazon AWS
2 8 (6.56%) Google Cloud Platform
3 5 (4.10%) Microsoft Azure
Database & Business Intelligence
1 26 (21.31%) Big Data
2 21 (17.21%) SQL Server
3 17 (13.93%) Hadoop
4 9 (7.38%) MongoDB
4 9 (7.38%) Relational Database
5 7 (5.74%) NoSQL
6 6 (4.92%) SQL Server Reporting Services
7 4 (3.28%) SQL Server 2012
8 2 (1.64%) SQL Server 2008
9 1 (0.82%) Apache Kudu
9 1 (0.82%) Base SAS
9 1 (0.82%) Data Mart
9 1 (0.82%) Data Warehouse
9 1 (0.82%) Impala
9 1 (0.82%) Oracle Database
9 1 (0.82%) Riak
9 1 (0.82%) SQL Server 2014
9 1 (0.82%) SQL Server 2016
9 1 (0.82%) SQL Server Integration Services
9 1 (0.82%) SQLPlus
Development Applications
1 8 (6.56%) JIRA
2 7 (5.74%) Subversion
3 6 (4.92%) Atlassian Bamboo
3 6 (4.92%) Maven
4 3 (2.46%) Jenkins
5 2 (1.64%) SpecFlow
6 1 (0.82%) ERwin
6 1 (0.82%) JMeter
6 1 (0.82%) TeamCity
6 1 (0.82%) Toad
General
1 67 (54.92%) Finance
2 58 (47.54%) Banking
3 44 (36.07%) Front Office
4 30 (24.59%) Investment Banking
5 3 (2.46%) Legal
6 1 (0.82%) Back Office
6 1 (0.82%) Financial Institution
Job Titles
1 72 (59.02%) Developer
2 33 (27.05%) Java Developer
3 25 (20.49%) Senior Developer
4 23 (18.85%) Market Risk Developer
5 17 (13.93%) Analyst
6 15 (12.30%) Senior Java Developer
7 13 (10.66%) Quantitative Developer
8 12 (9.84%) C# Developer
8 12 (9.84%) Scala Developer
9 10 (8.20%) Business Analyst
9 10 (8.20%) Market Risk Java Developer
9 10 (8.20%) Risk Manager
9 10 (8.20%) Senior Scala Developer
10 9 (7.38%) Risk Analyst
11 7 (5.74%) Credit Risk Developer
12 6 (4.92%) Java Scala Developer
12 6 (4.92%) Project Manager
12 6 (4.92%) Risk Project Manager
12 6 (4.92%) Senior Java Scala Developer
12 6 (4.92%) WCF Developer
Libraries, Frameworks & Software Standards
1 19 (15.57%) .NET
2 9 (7.38%) Spring
2 9 (7.38%) WPF
3 8 (6.56%) .NET Framework
3 8 (6.56%) WCF
4 6 (4.92%) Reactive Extensions
4 6 (4.92%) Task Parallel Library
5 4 (3.28%) HTML
5 4 (3.28%) Web Services
6 3 (2.46%) AngularJS
6 3 (2.46%) JNI
6 3 (2.46%) JSON
7 2 (1.64%) RESTful
8 1 (0.82%) FIX Protocol
8 1 (0.82%) HTML5
8 1 (0.82%) Java EE
8 1 (0.82%) Murex Flex
8 1 (0.82%) Murex MxML
8 1 (0.82%) NumPy
8 1 (0.82%) SciPy
Miscellaneous
1 41 (33.61%) Credit Risk
2 22 (18.03%) Derivative
3 19 (15.57%) Foreign Exchange (FX)
4 14 (11.48%) Fixed Income
4 14 (11.48%) Greenfield Project
4 14 (11.48%) Grid Computing
5 8 (6.56%) Analytical Skills
6 7 (5.74%) Enterprise Software
7 5 (4.10%) Data Structures
7 5 (4.10%) Equities
8 4 (3.28%) Algorithms
9 3 (2.46%) Enterprise Cloud
9 3 (2.46%) OTC Derivatives
10 1 (0.82%) Data Centre
10 1 (0.82%) Interest Rate Derivative
10 1 (0.82%) NHS
10 1 (0.82%) Reference Data
10 1 (0.82%) SCADA
10 1 (0.82%) Video\Live Streaming
Operating Systems
1 11 (9.02%) Linux
2 5 (4.10%) Unix
3 4 (3.28%) Windows
Processes & Methodologies
1 37 (30.33%) Risk Management
2 33 (27.05%) Stress Testing
3 18 (14.75%) Agile Software Development
4 17 (13.93%) Mathematics
5 16 (13.11%) Data Modelling
6 15 (12.30%) Analytics
6 15 (12.30%) Software Engineering
7 14 (11.48%) Use Case
8 13 (10.66%) Multithreading
8 13 (10.66%) Workflow
9 12 (9.84%) Project Management
9 12 (9.84%) SOA
10 10 (8.20%) Test Scripting
10 10 (8.20%) User Acceptance Testing
11 9 (7.38%) Anti-Money Laundering
12 8 (6.56%) Data Architecture
12 8 (6.56%) Integration Testing
12 8 (6.56%) PRINCE
12 8 (6.56%) Risk Analytics
12 8 (6.56%) Software Delivery
Programming Languages
1 48 (39.34%) Java
2 26 (21.31%) Scala
3 25 (20.49%) C#
3 25 (20.49%) SQL
4 16 (13.11%) Python
4 16 (13.11%) VBA
5 10 (8.20%) C++
6 9 (7.38%) T-SQL
7 8 (6.56%) Haskell
7 8 (6.56%) Java 8
8 4 (3.28%) R
9 3 (2.46%) Kotlin
9 3 (2.46%) MATLAB
10 1 (0.82%) PL/SQL
Qualifications
1 11 (9.02%) Degree
2 8 (6.56%) PRINCE2 Certification
3 6 (4.92%) CFA
4 2 (1.64%) PhD
5 1 (0.82%) Master's Degree
Quality Assurance & Compliance
1 8 (6.56%) PMO
2 1 (0.82%) QA
2 1 (0.82%) SLA
System Software
1 15 (12.30%) Docker
2 1 (0.82%) Active Directory
2 1 (0.82%) HDFS
Systems Management
1 15 (12.30%) Kubernetes
2 1 (0.82%) Control-M
2 1 (0.82%) Hadoop YARN
Vendors
1 17 (13.93%) Oracle
2 8 (6.56%) Google
3 4 (3.28%) Sybase
4 3 (2.46%) Bloomberg
4 3 (2.46%) Murex
4 3 (2.46%) Reuters
4 3 (2.46%) Solace
5 2 (1.64%) Ab Initio
5 2 (1.64%) FactSet
5 2 (1.64%) Microsoft
6 1 (0.82%) Cognos
6 1 (0.82%) IBM
6 1 (0.82%) PeopleSoft